How much will the October salary increase be?

How much will the October salary increase be?

He trade union and the three chambers of the sector will begin a new joint review for workers in the sector in the first week of October. For October, the last tranche of the 28% increase that sealed the Argentine Federation of Commerce and Services Employees (FAECyS) in July to be settled in three tranches.

Opening of joint ventures for Commerce employees: what is known?

After the acceleration of inflation in August, which reached double digits up to 12.4%, and with the beginning of the parliamentary discussion of the draft Income Tax Reform Law -with half a sanction from the Chamber of Deputies-, the Commerce union scheduled the joint review for October.

“If we talk about percentage, easily a 50% increase would be needed. But the important thing is always to bring the parties together in an equal discussion as much as possible, so that the employee has an incentive in his pocket at a time when it is really very difficult to navigate day to day,” Gómez stressed in dialogue with FM 89.3 Santa Maria of the Missions.

How much is the salary of commercial employees to be paid in October 2023?

Although the commercial workers will receive the September salary settlement in October, with a 7.5% increase, they will also receive the second installment of the fixed sum of up to $60,000 established by the Government.

In this way, the lowest salary in the agreement, corresponding to the category A of Teaching and Servicesit will be $215,665.47 plus $32,349.82 of the bonus, for which the person would be collecting $248,015.29 in October.

Meanwhile, the highest scalebelonging to Administrative category F and Seller Dit will be $228,477.95 plus $34,271.69 of the bonus, so the worker would be receiving $262,749.65 in October.

Source: Ambito

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